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Taiwan Power Company
The Taiwan Power Company (), also known by the short name Taipower (), is a state-owned electric power industry providing electricity to Taiwan and its off-shore islands. History Taipower was established on 1 May 1946. Its origins can be traced to 1919 when Taiwan Electric Power Co. was founded during Japanese colonial rule. In the subsequent decades, the Sun Moon Lake hydropower project was completed, and the company built a transmission line that connected northern Taiwan with the south. In 1994, a measure which allowed independent power producers (IPP's) to provide up to 20 percent of Taiwan's electricity should have ended the monopoly. On 1 October 2012, Taipower allied with Taiwan Water Corporation to provide cross-agency integrated services called ''Water and Power Associated Service'' that accepts summary transactions between the two utilities. On 11 October 2012, the Economics Committee of the Legislative Yuan cut Taipower's budget for power purchases from IPP. In ...
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Taiwan Power
Taiwan, officially the Republic of China (ROC), is a country in East Asia. The main island of Taiwan, also known as ''Formosa'', lies between the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the northeast, and the Philippines to the south. It has an area of , with mountain ranges dominating the eastern two-thirds and plains in the western third, where its highly urbanized population is concentrated. The combined territories under ROC control consist of 168 islands in total covering . The largest metropolitan area is formed by Taipei (the capital), New Taipei City, and Keelung. With around 23.9 million inhabitants, Taiwan is among the most densely populated countries. Taiwan has been settled for at least 25,000 years. Ancestors of Taiwanese indigenous peoples settled the island around 6,000 years ago. In the 17th century, large-scale Han Chinese immigration began under Dutch colonial rule ...
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Monopoly
A monopoly (from Greek language, Greek and ) is a market in which one person or company is the only supplier of a particular good or service. A monopoly is characterized by a lack of economic Competition (economics), competition to produce a particular thing, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb ''monopolise'' or ''monopolize'' refers to the ''process'' by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a business entity that has significant market power, that is, the power to charge Monopoly price, overly high prices, which is associated with unfair price raises. Although monopolies may be big businesses, size is not a characteristic of a monopoly. A small business may still have the power to raise prices in a small industry (or market). A monopoly may als ...
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Fuel
A fuel is any material that can be made to react with other substances so that it releases energy as thermal energy or to be used for work (physics), work. The concept was originally applied solely to those materials capable of releasing chemical energy but has since also been applied to other sources of heat energy, such as Nuclear power, nuclear energy (via nuclear fission and nuclear fusion). The heat energy released by reactions of fuels can be converted into mechanical energy via a heat engine. Other times, the heat itself is valued for warmth, cooking, or industrial processes, as well as the illumination that accompanies combustion. Fuels are also used in the Cell (biology), cells of organisms in a process known as cellular respiration, where organic molecules are oxidized to release usable energy. Hydrocarbons and related organic molecules are by far the most common source of fuel used by humans, but other substances, including radioactive metals, are also utilized. Fu ...
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New Taiwan Dollar
The New Taiwan dollar (code: TWD; symbol: NT$, also abbreviated as NT), or simply the Taiwan dollar, is the official currency of the Republic of China (Taiwan). Usually, the $ sign precedes the amount, but NT$ is used to distinguish from other currencies named dollar. The New Taiwan dollar has been the currency of the island of Taiwan since 1949, when it replaced the old Taiwan dollar, at a rate of 40,000 old dollars per one new dollar. The base unit of the New Taiwan dollar is called a yuan (), subdivided into ten chiao () or 100 fen (), although in practice neither chiao nor fen are used. There are a variety of alternative names for the units in Taiwan. The unit of the dollar is typically informally written with the simpler equivalent character as , except when writing it for legal transactions such as at the bank, when it has to be written as the homophonous . Colloquially, the currency unit is called both (''yuán'', literally "circle") and (''kuài'', literally ...
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Zhongzheng District
Zhongzheng District (also Jhongjheng District) is a District (Taiwan), district in Taipei, Taiwan. Taipei Main Station is located in the district. It is home to most of the national government buildings of Taiwan. Overview The district is named after former President of Taiwan Chiang Kai-shek. This district has many cultural and educational sites including the Taipei Botanical Garden, the National Taiwan Museum, the National Museum of History, the National Central Library, National Theater and Concert Hall (Taiwan), National Theater and Concert Hall and the Taiwan Film and Audiovisual Institute. Other museums include the Chunghwa Postal Museum, the Taipei City Traffic Museum for Children, and the Taipei Museum of Drinking Water. Much of the Qing dynasty, Qing-era city of Walls of Taipeh, Taipeh lies within this district. High School and college students frequent the area immediately south of the Taipei Main Station. This area has a high concentration of bookstores, cram scho ...
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Taiwan Power Building
The Taiwan Power Building, also known as Taipower Building or Taipower Headquarters (), is a skyscraper office building in Zhongzheng District, Taipei, Taiwan. The height of building is , and it comprises 27 floors above ground, as well as three basement levels. The tower was completed in 1983 and was designed by Kaku Morin. It houses the corporate headquarters of Taiwan Power Company and was the first building in Taiwan to surpass . The building overtook the First Commercial Bank Building in 1983 and became the tallest building in Taiwan from 1983 to 1988, before it was overtaken by TWTC International Trade Building. In 2018, although the Taiwan Power Building had been completed for 36 years, through the integration of smart energy conservation, using the Intelligent Building Energy Management System, it monitored and analyzed its energy usage, updated the air conditioning system, and created a green computer room. It saves around 1.6 million kilowatt-hours of electricity and ...
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Liquefied Natural Gas
Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4, with some mixture of ethane, C2H6) that has been cooled to liquid form for ease and safety of non-pressurized storage or transport. It takes up about 1/600th the volume of natural gas in the gaseous state at standard temperature and pressure. LNG is odorless, Transparency and translucency, colorless, toxicity, non-toxic and Corrosive substance, non-corrosive. Hazards include flammability after vaporization into a gaseous state, freezing and asphyxia. The Liquefaction of gases, liquefaction process involves removal of certain components, such as dust, acid gases, helium, water, and heavy hydrocarbons, which could cause difficulty downstream. The natural gas is then condensation, condensed into a liquid at close to atmospheric pressure by cooling it to approximately ; maximum transport pressure is set at around (gauge pressure), which is about 0.25 times atmospheric pressure at sea level. The gas extracted ...
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Coal
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other Chemical element, elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is a type of fossil fuel, formed when dead plant matter decays into peat which is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous (Pennsylvanian (geology), Pennsylvanian) and Permian times. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its Electricity generation, electricity. Some iron and steel-maki ...
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Electric Power Transmission
Electric power transmission is the bulk movement of electrical energy from a generating site, such as a power plant, to an electrical substation. The interconnected lines that facilitate this movement form a ''transmission network''. This is distinct from the local wiring between high-voltage substations and customers, which is typically referred to as electric power distribution. The combined transmission and distribution network is part of electricity delivery, known as the electrical grid. Efficient long-distance transmission of electric power requires high voltages. This reduces the losses produced by strong currents. Transmission lines use either alternating current (AC) or direct current (DC). The voltage level is changed with transformers. The voltage is stepped up for transmission, then reduced for local distribution. A wide area synchronous grid, known as an ''interconnection'' in North America, directly connects generators delivering AC power with the same rela ...
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Electricity Generation
Electricity generation is the process of generating electric power from sources of primary energy. For electric utility, utilities in the electric power industry, it is the stage prior to its Electricity delivery, delivery (Electric power transmission, transmission, Electric power distribution, distribution, etc.) to end users or its Grid energy storage, storage, using for example, the Pumped-storage hydroelectricity, pumped-storage method. Consumable electricity is not freely available in nature, so it must be "produced", transforming other forms of energy to electricity. Production is carried out in power stations, also called "power plants". Electricity is most often generated at a power plant by electromechanical electric generator, generators, primarily driven by heat engines fueled by combustion or nuclear fission, but also by other means such as the kinetic energy of flowing water and wind. Other energy sources include solar photovoltaics and geothermal power. There are ex ...
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Corporate Group
A corporate group, company group or business group, also formally known as a group of companies, is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. These types of groups are often managed by an account manager. The concept of a group is frequently used in tax law and accounting and (less frequently) company law to attribute the rights and duties of one member of the group to another or the whole. If the corporations are engaged in entirely different businesses, the group is called a conglomerate. The forming of corporate groups usually involves consolidation via mergers and acquisitions, although the group concept focuses on the instances in which the merged and acquired corporate entities remain in existence rather than the instances in which they are dissolved by the parent. The group may be owned by a holding company which may have no actual operations. Black Bear Development, conceptualized ...
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Executive Yuan
The Executive Yuan () is the executive (government), executive branch of the government of the Republic of China (Taiwan). Under the Additional Articles of the Constitution of the Republic of China, amended constitution, the head of the Executive Yuan is the Premier of the Republic of China, Premier who is positioned as the head of government and has the power to appoint members to serve in the cabinet, while the president of the Republic of China, ROC President is the head of state under the semi-presidential system, who can appoint the Premier and nominate the members of the cabinet. The Premier may be removed by a vote of no-confidence by a majority of the Legislative Yuan, after which the President may either remove the Premier or dissolve the Legislative Yuan and initiate a new election for legislators. Organization and structure The Executive Yuan is headed by the Premier of the Republic of China, Premier (or President of the Executive Yuan) and includes its Vice Premi ...
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